DEBTOR-IN-POSSESSION

debtor-in-possession.Bankruptcy.  A  Chapter  11  or  12  debtor  that  continues  to  operate  its

business    as    a    fiduciary    to    the    bankruptcy    estate.    •    With    certain    exceptions,    the D

debtor-in-possession has all the rights, powers, and duties of a Chapter 11 trustee. — Abbr. DIP.

[Cases: Bankruptcy    3622, 3672. C.J.S. Bankruptcy §§ 374, 417.] [Blacks Law 8th]